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Many businesses are best thought of as middlemen. Woolworths for example, makes its dough as the middleman between food producers and consumers. Likewise, the banks are the middlemen between savers and borrowers. And, in an internet example, Seek sits between employers and prospective employees. Given the quality of these examples, you’d have to say that being the middleman can be very lucrative. But the key indicator of a middleman’s competitive advantage lies in the strength, or should we say lack of strength, of its customers and...

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WEB has sent their Entitlement forms and information booklet to existing share holders. I have a modest parcel of WEB which has performed "rather okay" (222.49% growth excluding dividends). Your coverage on WEB ceased in 2013. Of course, WEB is no...

James Webjet was last reviewed back in March when price was at ~$4.90. It has dropped significantly since then - so excellent call on the avoid then. Well done! However, given that it is now in the $2 mark, is coming up on stock val as being a p...

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